SwapClear clears more than 50%* of all OTC interest rate swaps and more than 90%* of the overall cleared OTC
interest rate swap market. We regularly clear in excess of $3 trillion* notional per day and have more than 2
million cleared trades outstanding. The following tables illustrate our unmatched depth of liquidity:

Monthly Notional Volumes

Monthly Notional Outstanding

Monthly Trades Registered

Data as of month end.

Monthly Trades Outstanding

Data as of month end.

Notional Outstanding ShowingEffect of Compression

Trades Outstanding Showing Effect of Compression

Our Methodology

The SwapClear market share figures for all OTC interest rate swaps data and for all cleared OTC interest
rate swaps are derived from the semi-annual BIS report as of H2 2017 on OTC derivatives market activity
(as expressed in US dollar outstanding notional)
and the LCH outstanding notional value of 291,875 Billion US dollars at 29th December 2017.

Notional Outstanding is the OTC equivalent of Open Interest in futures markets.

Trade counts and notional amounts are representative of the SwapClear portfolio of trades following
novation to
the Clearing House. Only the client side of each trade is included in the Client Clearing Volumes.

Monthly volumes have been converted to USD using exchange rates prevailing at the end of the relevant
month.

$3 trillion notional per day based on daily average over 2017.

"Other" currencies (other than those expressly identified in tables and charts above) are presented in
USD.

SwapClear supports periodic multilateral compression activity, to reduce the volume of outstanding
trades. The
charts that show the effect of compression assume that all trades removed by this process would still be
live
today.

Stay up to date

Enter your email address to receive regulatory updates, announcements and more from the team at SwapClear.